This public procurement record has 1 release in its history.

Award

27 Jul 2026 at 10:47

Summary of the contracting process

The public procurement process for the "W824 - Fine Art Insurance" project, conducted by Derby City Council, has been successfully concluded with the award and contract stages completed. The contract was awarded to AXA XL Syndicate to provide specialist Fine Art insurance cover for Derby City Council's art collection and loaned exhibits. This service procurement falls under the insurance services category (CPV: 66510000) and was executed using a direct procurement method, specifically below threshold and without competition. The contract began on 1st April 2026 and will run through until 31st March 2027, with a contract value of £45,807.52 (gross value: £51,304.43). The buying organisation, Derby City Council, is based in Derby, United Kingdom, within the UKF11 region.

This tender represents an excellent opportunity for businesses involved in specialist insurance services to expand their portfolio and establish long-term relationships with public authorities such as Derby City Council. Although the procurement process for this particular contract involved direct award without competition, being informed about such projects allows businesses to prepare and position themselves for future opportunities in the public sector. Furthermore, companies with expertise in handling high-value art insurance and a track record of dealing with public entities would have been well-suited to engage in projects like this one, reinforcing their capability in a niche industry sector.

How relevant is this notice?

Notice Title

W824 - Fine Art Insurance

Notice Description

Provision of specialist Fine Art insurance cover for Derby City Council's art collection and loaned exhibits.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06d426
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/070723-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£45,807 Under £100K

Notice Dates

Publication Date
27 Jul 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
30 Mar 20264 months ago
Contract Period
31 Mar 2026 - 31 Mar 2027 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
DERBY CITY COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
DERBY
Postcode
DE1 2FS
Post Town
Derby
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF11 Derby
Delivery Location
Not specified

Local Authority
Derby
Electoral Ward
Darley
Westminster Constituency
Derby South

Supplier Information

Number of Suppliers
1
Supplier Name

AXA XL SYNDICATE

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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